Breaking news

American Travelers Thrive Overseas as U.S. Faces Tourism Decline

A Surge in American Travelers Abroad

As American families pack their bags and head overseas, a stark contrast emerges as international tourists to the U.S. dwindle. Caroline Smith, an accounting director from New Jersey, found herself bumping into familiar faces from her hometown during an Easter break trip to Italy. This trend reflects a wider pattern where Americans are increasingly choosing to explore international destinations.

Declining U.S. Inbound Tourism

According to the International Trade Administration, the number of foreign visitors to the U.S. by air saw a nearly 10% drop in March this year. This shift could deepen the existing $50 billion gap between U.S. travel-generated revenue and what Americans spend overseas, raising concerns for the domestic travel industry.

Economic Implications and Industry Voices

Leaders like American Airlines CEO Robert Isom emphasize the need for a streamlined visa process to reinvigorate interest from international tourists. Highlighting the economic ripple effect, JPMorgan projects a potential 0.1% dip in U.S. GDP tied to decreased foreign travel spend.

Social and Media Influences on Travel Choices

Social media and television shows are increasingly influencing travel decisions. Whether inspired by a scene in “The White Lotus” or a hit show set in Paris, American travelers, including students celebrating graduations, seek memorable international experiences.

Future Outlook for U.S. Tourism

While retirees are utilizing their wealth to travel abroad, there is concern over reduced domestic and business travel bookings. However, airlines like Delta and United remain hopeful, with strong international sales through the summer.

For further insights, explore our coverage on Cyprus Tourism Trends.

AI In Practice To Bring Business Leaders To Nicosia For Practical AI Conversations

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Overview

AI in Practice: Changing the Future of Business will take place on Monday, 19 October 2026, at European University Cyprus in Nicosia, bringing founders, business owners, CEOs and senior executives together for an evening focused on practical conversations around artificial intelligence.

The event is organised by Panis.News in collaboration with GrantXpert Consulting and Future Skills Hub at European University Cyprus.

Rather than focusing only on which AI tool to buy, the evening will explore a more pressing question: what problem is AI meant to solve inside a business? The discussion will look at questions such as where teams lose time, where useful customer information is lost across disconnected systems, and where AI could help test new services or improve existing processes.

What To Expect

The programme will approach the subject from three directions: why AI matters, how business problems can become the starting point for AI adoption, and how leaders should think about the future of their companies.

Monica Odysseos, Head of the AI and Data Lab at Grant Thornton Cyprus, will open with a session on why business leaders should care about AI. Her presentation will explore how AI is changing the way people work, make decisions, and create, drawing on her background in software development, accounting and applied AI.

George Malekkos, CEO of POWERSOFT Computer Solutions and President of CITEA, will examine how business problems can become the starting point for AI adoption. His presentation will look at selecting useful applications, preparing teams and processes, and measuring results.

Paris Thomas, Executive Advisor on AI and Strategy of Fortune 500 companies, will deliver the keynote “AI and the Future of Business: Will Your Business Be Here in 2030?” His session will include live AI demonstrations and enterprise case studies, exploring how leaders can improve their current business while developing new opportunities and preparing for longer-term change.

Programme Highlights

The event will also include a welcome note from Cyprus Chief Scientist Demetris Skourides, followed later by a Q&A with the speakers. The conversation will continue over drinks and bites, with time for attendees to meet the speakers and connect with other participants.

Who Should Attend

The event is designed for business leaders responsible for their company’s next steps, including founders, business owners, CEOs, and senior executives. The focus is on helping them ask better questions about AI and consider where it could improve current operations, create new opportunities, and support longer-term change.

Date, Time And Venue

Date: Monday, 19 October 2026
Time: 18:00–22:30, Cyprus time
Venue: European University Cyprus, Nicosia

Registration begins at 18:00, with the programme starting at 18:30.

How To Register

Exclusive to the Future Media readers, get 30% off ticket price with code: “voucher 30”.

Attendees can view the programme and reserve their place through the event page:
https://luma.com/ai-in-practice-cyprus

Partners

The event is organised by Panis.News, in collaboration with GrantXpert Consulting and Future Skills Hub at European University Cyprus. Silver sponsors include Growth Hacking Cyprus, RSEVEN and Mel’s Digital. Supporters include Cyprus Computer Society, XValley Tech, Business Society Accelerator and Startup School Cyprus, while community partners include EIT Community Hub Cyprus, CYENS, Women in Tech, Startup Greece and ECECT.

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